EDC News
California Tax Credits
Nov26
For fiscal year 2024-2025, GO-Biz will accept applications for the California Competes Tax Credit during the following periods: Don’t Miss Out! What is the California Competes Tax Credit? The California Competes Tax Credit is an income tax credit available to businesses that want to locate in California or stay and grow in California and create quality, full-time jobs in California that might not otherwise be created by the business or any other business. Tax credit
New Foreign Trade Zone in Chula Vista dedicated to Yachts
Nov20
Marine Group Boat Works (Chula Vista) has recently been approved to be the first and only Foreign Trade Zone (FTZ) in California dedicated to yachts! This is BIG news for the South Bay economy —it allows foreign flagged yachts for sale to dock in Chula Vista & San Diego without owners having to pay hefty import duties and fees unless they secure a U.S. buyer. We all know when superyacht owners keep their vessels in
San Diego International Airport Service to Amsterdam!
Nov18
The San Diego International Airport (SAN) welcomes KLM Royal Dutch Airlines (KLM) as its seventh international airline to offer service from San Diego. Beginning May 8, 2025, the airline will offer three weekly flights between San Diego and Amsterdam, Netherlands. “We are very pleased to have KLM join as the 19th carrier at SAN,” said Kimberly Becker, CEO and President, San Diego County Regional Airport Authority. “This summer, European travel is up over 30 percent
Port of San Diego Small Business Inclusion Summit
Nov13
You’re Invited! Join the Port of San Diego as we look forward to engaging with local community organizations and public agencies to take collective action toward breaking down barriers faced by small disadvantaged businesses. By working together, we will pave the way for more inclusive and diverse economic participation, ensuring that all small businesses have the opportunities they need to thrive. With a focus on equity in contracting, the summit goals include the following: Increase